12 Mar '12, 3pm

Germany, China, US Could Install Record Amount of PV in 2012: Despite cuts in subsidy levels, Germany will ins...

Despite cuts in subsidy levels, Germany will install a record 8 gigawatts of photovoltaics in 2012, according to Germany's trade chamber, the DIHK . That's up slightly from the 7.5 gigawatts installed in 2011. The timing of subsidy cuts was postponed amidst recent employment-oriented protests in Germany. Subsidy cuts will now begin in April and May. Not every analyst agrees with the DIHK projection, urging a wait-and-see approach concerning the FIT regime. Dr. Peng Fang, the CEO of vertically integrated solar giant JA Solar Holdings (Nasdaq:JASO), said that China installed approximately 2 gigawatts of PV in 2011 and could see anywhere from 4 gigawatts to 8 gigawatts installed in China in 2012. Consistent with that estimate, Suntech CEO Zhengrong Shi said China could install as much as 5 gigawatts this year during an analyst conference call , as per Bloomberg . One more dat...

Full article: http://www.greentechmedia.com/articles/read/Germany-China...

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